Stablecoins
Undercollateralized USDN Stablecoin Needs Tweaking, Waves Founder Says
“We have to work on the algorithm” after several depeggings from the dollar, Sasha Ivanov said on CoinDesk TV’s “First Mover” program.
The Rise and Fall of Terra vs. Bitconnect
CoinDesk’s Nikhilesh De discusses how the $14 billion crash of Luna Foundation Guard’s Terra protocol compares with the $2.4 billion global Bitconnect Ponzi scheme. Plus, CoinDesk’s Sam Kessler on what the future holds for stablecoins.
Tether Expands With USDT Launch on Polygon
Tether has launched its USDT token on Polygon, an Ethereum scaling platform. The largest stablecoin by market capitalization is now available on more than 11 blockchains. “The Hash” team discusses the latest milestone in Tether’s multi-chain push.
Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse
The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
Tether ingresa a América Latina con una stablecoin vinculada al peso mexicano
El negocio multimillonario de remesas en el país y las dificultades para transferir dinero crean una "oportunidad única", dijo la compañía.
Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
The country’s multibillion-dollar remittances business and difficulties in transferring money create a “unique opportunity," the company said.
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
The UST failure prompted large investors on the Ethereum blockchain to leave USDT for the perceived safety of its biggest competitor.
OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins
Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.
